Small and medium enterprises in regions - empirical and quantitative approach

The problem of identifying and quantifying the efficiency of accommodation units is currently a discussed issue. Recognition and identification of the most important aspects that increase the financial efficiency of a rapidly changing business environment, especially in a difficult period of economi...

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Main Authors: Ladislav Mura, Zuzana Hajduová
Format: Article
Language:English
Published: UAB Sustainability for Regions 2021-06-01
Series:Insights into Regional Development
Online Access:https://jssidoi.org/ird/article/70
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author Ladislav Mura
Zuzana Hajduová
author_facet Ladislav Mura
Zuzana Hajduová
author_sort Ladislav Mura
collection DOAJ
description The problem of identifying and quantifying the efficiency of accommodation units is currently a discussed issue. Recognition and identification of the most important aspects that increase the financial efficiency of a rapidly changing business environment, especially in a difficult period of economic and tourism bounce back is a key issue. Only the companies that adequately address the issue of their measurement and evaluation and are able to choose the right approach in this regard will win the competition. Our work focuses on the identification of key factors influencing the management of business entities. We carried out a detailed analysis of accommodation units in selected accommodation facilities at the regional level. We wanted to point out the differences within the individual regions of Slovakia. By applying the DEA method, we used individual models focused on inputs and outputs in order to determine the inefficient units in our research, and revealed its shortcomings and pointed out the way to improve the economic results of these research subjects.
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institution Kabale University
issn 2669-0195
language English
publishDate 2021-06-01
publisher UAB Sustainability for Regions
record_format Article
series Insights into Regional Development
spelling doaj-art-b45dd677e23d4d3e8dd0a7def1f155b42025-08-20T03:48:37ZengUAB Sustainability for RegionsInsights into Regional Development2669-01952021-06-013225226610.9770/IRD.2021.3.2(6)Small and medium enterprises in regions - empirical and quantitative approachLadislav Murahttps://orcid.org/0000-0002-2453-8740Zuzana Hajduováhttps://orcid.org/0000-0002-9381-776XThe problem of identifying and quantifying the efficiency of accommodation units is currently a discussed issue. Recognition and identification of the most important aspects that increase the financial efficiency of a rapidly changing business environment, especially in a difficult period of economic and tourism bounce back is a key issue. Only the companies that adequately address the issue of their measurement and evaluation and are able to choose the right approach in this regard will win the competition. Our work focuses on the identification of key factors influencing the management of business entities. We carried out a detailed analysis of accommodation units in selected accommodation facilities at the regional level. We wanted to point out the differences within the individual regions of Slovakia. By applying the DEA method, we used individual models focused on inputs and outputs in order to determine the inefficient units in our research, and revealed its shortcomings and pointed out the way to improve the economic results of these research subjects.https://jssidoi.org/ird/article/70
spellingShingle Ladislav Mura
Zuzana Hajduová
Small and medium enterprises in regions - empirical and quantitative approach
Insights into Regional Development
title Small and medium enterprises in regions - empirical and quantitative approach
title_full Small and medium enterprises in regions - empirical and quantitative approach
title_fullStr Small and medium enterprises in regions - empirical and quantitative approach
title_full_unstemmed Small and medium enterprises in regions - empirical and quantitative approach
title_short Small and medium enterprises in regions - empirical and quantitative approach
title_sort small and medium enterprises in regions empirical and quantitative approach
url https://jssidoi.org/ird/article/70
work_keys_str_mv AT ladislavmura smallandmediumenterprisesinregionsempiricalandquantitativeapproach
AT zuzanahajduova smallandmediumenterprisesinregionsempiricalandquantitativeapproach